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Greenflint

1,818 Posts.

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24/09/21

16:17

Post #: 56331600
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Originally posted by theoc: ↑

"..............In short, frustration is what gold stock investors are feeling at the moment..................."

Understand your very logical reaction GF however personally believe POG will be driven upwards by what people feel rather than what they are told. I think there is a general disconnect between GP & inflation as per history books and more of a flight to gold when all else is failing - we aint there yet and I hope we never get there. I hold a bit of gold as a general insurance policy however that is made up of DCN as a producer turnaround opportunity and EVN as a stable divi paying stock that has prudent strategy that could see them in any other mainstream sector. Not sure if that logic is clear. Bottom line not dreaming of the day when the wheels fall off and POG moves to 10 gazzillion per oz. Frankly from my perspective it has always (along with a big slice of the market generally) been massaged to suit some players and not others. Money business is bloody business.
Have a great w/end and take special notice of all the little (good) things in life that you pass along the way.

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Thanks for your nuggets of wisdom and advice. I am not too ambitious for GP. Something like US$3,500/oz will be a very good result as far as I am concerned!

You too have a fantastic weekend.

Cheers mate.

DCN Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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Falling Wedge Fails, page-13

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